VU.com Sells for $700000

Sale Sale

VU.COM Sold !

VU.com domain name and website sole for $700,000 final week. Canada-based Virtual Universe Corporation reached a understanding with US-based Mortgage Research Center, LLC on Nov 9, 2011.

The sale does not embody a website though does embody a trademarks and rights for VU.

From a press release:

“Virtual Universe Corporation (the “Company”) (TSXV-VU), announced currently that it has concluded to sell a whole right, pretension and seductiveness in a domain name VU.COM, together with any unregistered trade-mark rights ensuing from a Company’s use of such domain name (the “Domain Name”) to Mortgage Research Center LLC for $700,000 USD (the “Sale”).

The Company will keep all right, title, and seductiveness in and to a materials on a website located during a Domain Name as of a effective date of a Sale (the “Website”) including all copyrights to webpages designed for a Website, page layouts for a Website, all graphics used during a Website, all databases generated for a Website, and all ensign advertisements for a Website. The Company will pierce a existent web participation to a new domain, VUCORP.CA.”

 


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